Mineseeker
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Note from the CEO
June 17th, 2011
As soon as negotiations with NHSH are complete I will, as announced, relocate to Jacksonville, Florida to work from the new corporate offices of the group.
Significant progress has been made since the recent successful deployment to demonstrate the solution and conduct field trials of the Mineseeker technology.
We successfully mobilised vehicles, aircraft, $3m worth of equipment and 20 people from three different continents and supported them in field conditions for almost a month. All the detailed planning and risk analysis that was conducted paid off, and the demonstration passed off without incident. The deployment allowed us to create a benchmark upon which to base future operational deployments, and provided invaluable experience.
The past six months, whilst frustrating from a corporate perspective for reasons totally outside of our control, have certainly not been wasted. I have spent considerable time building relationships at a senior level within our target customer-base, as well as spending time on the ground in strategically important markets. This approach has led to Mineseeker being requested to provide proposals for projects which could enable us to operationally deploy within the next twelve months, which I am really excited about . I am not talking about a nebulous $900 million contract which was previously posted by our former investors. While the business certainly has the potential to attract revenues of that order, we need to be realistic. I will move the business forward steadily, sustainably and safely.
I am posting our business plan onto our website which will give a more realistic projection on the growth we expect. Obviously the more confidential aspects of the plan have been removed since we would not like certain details to be in the public domain.
As CEO, I have also been formulating a Strategic Plan for Mineseeker, to guide the group through a period of substantial and sustained growth in the coming years. Although staying core to our fundamental ethos of humanitarian Mine Action with a focus on profit, you might call it “compassionate capitalism”, I am integrating other business streams to give the group a growth rate that could give added values and revenues, outside of the Mine Action market, to compliment the business plan. These addition income streams will be added to the business plan later.
Edward Cross
mineseeker.com
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Jim
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